Iran to receive financial relief in interim US deal
By The BriefBrief
A final draft says Iran can sell oil immediately, use a $300B fund, and later access frozen assets.
WHO:United States and Iran
WHAT:Interim agreement draft provides Iran with immediate oil export waivers, access to a $300 billion development fund, and eventual access to frozen assets.
WHEN:Jun 17, 2026 at 3:48 AM ET
WHERE:Switzerland
WHY:The deal is intended to end Iran’s chokehold on the Strait of Hormuz and includes limits on Iran’s nuclear program.
How this story developed (showing 2 of 2 earlier reports)